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Do you use a credit card? Why or why not? (discuss.tchncs.de)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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I know this might just reflect financial culture differences across countries, but let's give it a try

Edit: as a clarification, I meant credit card compared to debit, not to cash

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[–] [email protected] 1 points 1 year ago (1 children)

The report, which was published by researchers at the Becker Friedman Institute for Economics at the University of Chicago, found that borrowers who paused their debt payments "sharply increased mortgage, auto and credit card borrowing," compared to those who continued paying their loans.